Zain ul abedin ACCA  BSc UK, Senior Finance Manager

Zain ul abedin ACCA BSc UK

Senior Finance Manager

Glee Hospitality Solutions LLC

Location
United Arab Emirates - Dubai
Education
Diploma, ACCA, Accounting, Finance, Audit, Tax
Experience
14 years, 2 Months

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Work Experience

Total years of experience :14 years, 2 Months

Senior Finance Manager at Glee Hospitality Solutions LLC
  • United Arab Emirates - Dubai
  • My current job since November 2021
Finance Manger at Acaixpress
  • United Arab Emirates - Abu Dhabi
  • November 2019 to November 2021

Core duties & responsibilities:
• Ensure month end closing is on time and smooth running of A/R, A/P and payroll.
• Preparation and presentation of financial data and reports for management as per request.
• Preparation of daily bank and cash flow position and reconciliation of daily bank balances.
• Coordinate with internal and external auditor to complete interim and yearly audit.
• Review monthly P & L and other regular reports before forwarding to the top management.
• Analyse financial status by comparing and analysing actual results with plans and forecast.
• Supervising accounts team closely to ensuring accounting policies and procedures are in line with IAS, IFRS & GAAP.
• Submitting Tax (VAT) returns on time and checking input and output tax before submitting VAT return. Ensuring FTA payments are on time. Reconciliation of VAT account.
• Preparing cash flow and aging reports as per schedule.
• Preparing short term and annual budgets and ensure the budget is focused on KPIs and aligned with long term goals of organization.
• Assign budget for daily, monthly and yearly for all Brands, Branches and cost centres.
• Generating financial reports, financial analysis, dash board reports and executive summary reports for all business units and consolidated reports accurately and timely.
• Handling revenue management and income audit of all group companies. Supervising bookings and recovery of all components of revenue in coordination of A/R.
• Maintain excellent working relationship with Customer (A/R) and suppliers (A/P).
• Coordinate with IT team for system updates, configuration, improvement and evaluation.
• Ensure all the queries are being respond to and dealt with correctly and in a timely manner.
• Maintain accurate records, Fix asset register and filing of financial information.
• Prepare feasibility reports for catering events, new projects and other operational tasks.
• Make regular visits to outlets for internal audit and system evaluation.
• Ensure all expenses are properly allocated and approved by proper authority.
• Monthly preparation and posting of GL entries for month closing.
• Check if the branches/ outlets are following group financial policies.

Group Financial Analyst at Zuhour Group
  • United Arab Emirates - Dubai
  • June 2017 to October 2019

Core duties & responsibilities:
• Ensure month end closing is on time and all Balance sheet accounts are reconciled.
• Monthly Bank and current account reconciliations.
• Preparation of daily bank position and reconciliation of daily bank balances.
• Coordinate with internal and external auditor to complete interim and yearly audit.
• Review monthly P & L and other regular reports before forwarding to the top management.
• Analyse financial status by comparing and analyzing actual results with plans and forecast.
• Supervising accounts team closely to ensuring accounting policies and procedures are in line with IAS & IFRS.
• Submitting Tax (VAT) returns on time and checking input and output tax before submitting VAT return. Ensuring FTA payments are on time.
• Preparing cash flow and aging reports as per schedule.
• Give first line advice to complete short term and annual budgets and ensure the budget is focused on KPIs and aligned with long term goals of organization.
• Assign budget for daily, monthly and yearly for all Brands, Branches and cost centres.
• Generating financial reports, financial analysis and executive summary reports for all business units and consolidated reports accurately and timely.
• Handling revenue management and income audit of all group companies. Supervising bookings and recovery of all components of revenue in coordination of A/R.
• Maintain excellent working relationship with Customer (A/R) and suppliers (A/P).
• Coordinate with IT team for system updates, configuration, improvement and evaluation.
• Ensure all the queries are being respond to and dealt with correctly and in a timely manner.
• Maintain accurate records and filing of financial information.
• Prepare feasibility reports for catering events, new projects and other operational tasks.
• Make regular visits to outlets for internal audit and system evaluation.
• Ensure all expenses are properly allocated and approved by proper authority.
• Monthly preparation and posting of GL entries for month closing.
• Check if the branches/ outlets are following group financial policies.
• Perform all other duties pertinent to the job as assigned by line manager and management.

Chief Accountant & Senior Accountant at Emirates International Restaurants (Chili's) LLC
  • United Arab Emirates - Dubai
  • May 2015 to June 2017

Core Duties & Responsibilities
• Preparation of financial statements and maintaining General ledger.
• Timely closing of month end and yearly accounts.
• Fund Management, Budget Planning and Forecasting, PDC, CDC Check Management.
• Inventory, Asset Management, A/P, A/R and Cash Flow Management.
• Maintaining loan facility accounts, reconciliations of bank balances dealing in letter of credits.
• Conducting internal audit for restaurants and main warehouse.
• Receivables follow ups both for local and international.
• Assisting top level management in financial modelling, receivable targeting, payment managements, and material management, working capital management.
• Scrutinizing restaurants stock count monthly, quarterly and annually.
• Performing receivables, payables, patty cash, bank and general ledger reconciliations on monthly basis.
• Reporting profit, expenses, sales and purchases over the period; conducting further analysis into profitability and stock movement in relation to sales people, stock categories and period under consideration.
• Calculation and payment of royalty and its reconciliation with head office current account.
• Timely preparation and payment of salaries through WPS.
Senior Accountant
• Preparation of monthly payroll, according to employee wage rate and designation
• Preparation of monthly bank and petty cash reconciliation.
• Receivables invoicing and follow ups.
• Handling petty cash.
• Performing internal audit assignments for outlets and warehouses.
• Preparation and presentation of daily sales report.
• Auditing restaurants sales data and transferring it from POS to accounting system.
• Dealing with customer quarries, and customer relation management (CRM)

Senior Accountant at Forward Sports (PVT) Limited
  • Pakistan - Sialkot
  • January 2010 to February 2015

Core Duties and Responsibilities
• Entrusted with the task of passing general entries, booking of expenses, accruals, deferrals and prepayments in compliance to International Financial Reporting Standards.
• Drafting monthly payrolls and WPS processing.
• Preparation of monthly Bank reconciliations, Patty cash and related party accounts reconciliations.
• Conducting internal audit for the company showrooms and warehouse.
• Receivables and Payables follow ups (local and international).
• Preparation of monthly payroll sheets according to employees wage rate, time and designation.
• Preparation of monthly bank and patty cash reconciliation.
• Data entry, Inventory management and checking of material delivery as per Quality and Quantity.

Education

Diploma, ACCA, Accounting, Finance, Audit, Tax
  • at ACCA UK
  • June 2016
Bachelor's degree, 4 Years Applied Accounting
  • at Oxford Brookes University UK
  • March 2015
Bachelor's degree, Economics, Political science
  • at University of Punjab Pakistan
  • March 2007

Specialties & Skills

Cost Accounting
Auditing
People Management
Finance
Accounting
Advance Level MS Excle, Power point and word
Team worker
ACCOUNTING
AUDITING
ERP & IT knowledge
Finance
Good Communication Skills
Purchasing
Tax (VAT)
Risk Management

Languages

English
Expert
Hindi
Expert
Punjabi
Expert
Urdu
Expert

Memberships

ACCA UK
  • Finalist
  • December 2016

Training and Certifications

ERP Training (Training)
Training Institute:
SAP Business1, MS Dynamics, Tally ERP 9, QuickBooks, ORION (Oracle)
Date Attended:
January 2014
Duration:
500 hours

Hobbies

  • Swimming, Book Reading, Badminton